Page 92 - ELT_1st September 2020_Vol 373_Part 5

N86 EXCISE LAW TIMES [ Vol. 373

Tariff value of Gold revised — Amendment to Notification
No. 36/2001-Cus. (N.T.)

In exercise of the powers conferred by sub-section (2) of Section 14 of the
Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs,
being satisfied that it is necessary and expedient so to do, hereby makes the fol-
lowing amendments in the notification of the Government of India in the Minis-
try of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the
3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Sec-
tion-3, Sub-section (ii), vide number S.O. 748(E), dated the 3rd August, 2001,
namely :-
In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the follow-
ing Tables shall be substituted, namely :-
“TABLE-1
Sl. Chapter/heading/ Description of goods Tariff value
No. sub-heading/tariff (US $ Per Metric Tonne)
item
(1) (2) (3) (4)
1. 1511 10 00 Crude Palm Oil 680 (i.e. no change)
2. 1511 90 10 RBD Palm Oil 701 (i.e. no change)
3. 1511 90 90 Others - Palm Oil 691 (i.e. no change)
4. 1511 10 00 Crude Palmolein 707 (i.e. no change)
5. 1511 90 20 RBD Palmolein 710 (i.e. no change)
6. 1511 90 90 Others - Palmolein 709 (i.e. no change)
7. 1507 10 00 Crude Soyabean Oil 803 (i.e. no change)
8. 7404 00 22 Brass Scrap (all grades) 3717 (i.e. no change)
9. 1207 91 00 Poppy seeds 3623 (i.e. no change)

TABLE-2

Sl. Chap- Description of goods Tariff value
No. ter/heading/ (US $)
sub-heading/
tariff item

(1) (2) (3) (4)
1. 71 or 98 Gold, in any form, in respect of 622 per 10 grams
which the benefit of entries at serial
number 356 of the Notification No.
50/2017-Customs, dated 30-6-2017 is
availed
2. 71 or 98 Silver, in any form, in respect of 868 per kilogram
which the benefit of entries at serial (i.e. no change)
number 357 of the Notification No.
50/2017-Customs, dated 30-6-2017 is
availed

EXCISE LAW TIMES  1st September 2020  92